News Archives - Insurance Journal

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8 04, 2024

Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures

By | April 8th, 2024|Uncategorized|Comments Off on Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures

Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning to expand in metallurgical coal mining. The restrictions also entail asking the highest-emitting corporate customers to reduce their carbon footprints, …

5 04, 2024

Federal Agency Investigating Toxic Chemical Releases at 2 Louisiana Facilities

By | April 5th, 2024|Uncategorized|Comments Off on Federal Agency Investigating Toxic Chemical Releases at 2 Louisiana Facilities

The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that the agency has launched investigations into toxic chemical releases at two facilities in Louisiana during 2023: the release of hydrogen fluoride (HF) and chlorine at the Honeywell Performance Materials …

8 04, 2024

The Risky Economics of ‘Going Bare’ Without Homeowners Insurance

By | April 8th, 2024|Uncategorized|Comments Off on The Risky Economics of ‘Going Bare’ Without Homeowners Insurance

Owning a home can feel like risky business, from coming up with the mortgage payment every month to worrying about disasters like fires or floods or tornadoes. But here is something riskier still: Going without home insurance in the U.S. …

5 04, 2024

Texas Chemical Plant to Pay $6.6M Over Injuries From 2019 Fire

By | April 5th, 2024|Uncategorized|Comments Off on Texas Chemical Plant to Pay $6.6M Over Injuries From 2019 Fire

Intercontinental Terminals Company LLC (ITC) has agreed to pay over $6.6 million to federal and state natural resource trustees to resolve claims for natural resource damages resulting from a 2019 fire at ITC’s Deer Park terminal facility near Houston that …

8 04, 2024

Loss of Engine Cover on Southwest Boeing 737-800 Prompts FAA Probe

By | April 8th, 2024|Uncategorized|Comments Off on Loss of Engine Cover on Southwest Boeing 737-800 Prompts FAA Probe

An engine cover on a Southwest Airlines Boeing 737-800 fell off on Sunday during takeoff in Denver and struck the wing flap, prompting the Federal Aviation Administration (FAA) to open an investigation. No one was injured and Southwest Flight 3695 …

8 04, 2024

Women in UK Financial Services Earn One-Third Less Than Male Colleagues: Data Show

By | April 8th, 2024|Uncategorized|Comments Off on Women in UK Financial Services Earn One-Third Less Than Male Colleagues: Data Show

Some of Britain’s top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies reviewed by Reuters shows, even though they say they are striving to hire more females for higher-paid, senior roles. Banks, …

4 04, 2024

LSU Settles Case Involving Sexual Assault Allegations Against Football Players

By | April 4th, 2024|Uncategorized|Comments Off on LSU Settles Case Involving Sexual Assault Allegations Against Football Players

BATON ROUGE, La. (AP) — LSU and 10 former students who sued the school over alleged mishandling of sexual assault and domestic violence complaints against football players and others at Louisiana’s flagship state university have settled the case. “The Court …

8 04, 2024

Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

By | April 8th, 2024|Uncategorized|Comments Off on Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

A former Maryland title insurance agent recently pleaded guilty to carrying out a multi-year theft scheme netting her more than $369,000, according to the state attorney general. Cheryl Leigh Gray was a licensed insurance producer working as the operations manager …

4 04, 2024

Tech Update: Vertafore Delivers Policy Binding in its Personal Lines Rater; Amwins’ Online Marketplace Provides Bindable Quotes From Multiple Carriers

By | April 4th, 2024|Uncategorized|Comments Off on Tech Update: Vertafore Delivers Policy Binding in its Personal Lines Rater; Amwins’ Online Marketplace Provides Bindable Quotes From Multiple Carriers

Vertafore Delivers Policy Binding in Personal Lines Rater Vertafore, headquartered in Denver, launched the industry’s first bind capability within a personal lines rater. Vertafore’s personal lines rating and quoting platform, PL Rating, enables independent agencies to quickly find and bind …

8 04, 2024

Hurricane-Force Winds Leave 150,000 Without Power in Colorado

By | April 8th, 2024|Uncategorized|Comments Off on Hurricane-Force Winds Leave 150,000 Without Power in Colorado

More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday. Those affected include about 55,000 customers who had their power cut preemptively by the utility …